FirmaIQ
Org.nr 993 995 614 2012 → 2013 Year-over-year analysis

3 NORSKE AS: årsregnskap 2013 vs 2012

Grew 91284% on revenue, stronger earnings

approved 2014-06-30; registry 2014-09-24; journal 2014 853138

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 3 NORSKE AS. Revenue 846.7k NOK → 773.74m NOK (+91284.4%). Net result +21.33m NOK → +62.28m NOK. Equity 16.51m NOK → 16.32m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 3 NORSKE AS.

At a glance

Scorecard

Revenue
846.7k NOK 773.74m NOK
+91284.4%
Operating result
-2.85m NOK -362.0k NOK
+87.3%
Net result
+21.33m NOK +62.28m NOK
+192.1%
Equity
16.51m NOK 16.32m NOK
-1.1%
Cash
20.0k NOK 2.59m NOK
+12830.0%
Total assets
44.76m NOK 46.47m NOK
+3.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 846.7k NOK to 773.74m NOK (+91284.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2.85m NOK → -362.0k NOK (op. margin -336.7% → -0.0%). Calculated

  • ↑

    Net result improved

    Net result +21.33m NOK → +62.28m NOK (net margin 2518.8% → 8.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 20.0k NOK → 2.59m NOK (+12830.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.97× → 1.08×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 16.51m NOK → 16.32m NOK (equity ratio 36.9% → 35.1%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 260.5k NOK → 197.55m NOK (+75736.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 9.06m NOK → 24.0k NOK. Reported fact